ABC News & Headlines – Australian Broadcasting Corporation·3 min read·medium
BHP reaches record iron ore production ahead of landmark Port Hedland strike
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Kimberley Putland, Mietta Adams, Alistair Bates✦AI Summary
BHP is facing a significant 8-hour strike by unionized workers at its Port Hedland iron ore facility, the largest industrial action in the region in 25 years. The strike occurs despite the company reporting record-breaking production levels and follows months of unsuccessful wage negotiations.
Unions estimate the strike could cost up to $50 million in lost revenue. ( ABC News: Charlie Mills )
businesseconomypolitics
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